Indiabulls Housing Finance increases lending rates by 10 basis points; Stock rises

15 Sep 2022 , 09:59 AM

Indiabulls Housing Finance Ltd. (IBHFL) revises its reference rates for all loans by 10 basis points, the company announced on Thursday morning.

As per the regulatory filing, the new rates will be applicable for new customers from September 15 onwards, and for existing borrowers, effective from next payment cycle of October, the company said.

At around 10:02 AM, Indiabulls Housing Finance Ltd is currently trading at Rs138.40 per share up by Rs0.3 or 0.22% from its previous closing of Rs138.10 per share on the BSE.

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